What is the most beneficial business to start around you?

[Rruchi man]

Entrepreneurship is not easy to venture into, and as the years go by, business is more difficult to start and operate successfully. Currently, which business will you advise someone who is considering entrepreneurship to start?
To make the discussion more beneficial, can we please just add the continents or country we are in so we can know the beneficial businesses in these areas?

[bitterguy28]

Entrepreneurship is not easy to venture into, and as the years go by, business is more difficult to start and operate successfully. Currently, which business will you advise someone who is considering entrepreneurship to start?
To make the discussion more beneficial, can we please just add the continents or country we are in so we can know the beneficial businesses in these areas?

this is not  a game of weak and noob , this is for reasonable minded people.

[Sim_card]

I would prefer to run a gamble outlet like a bet shop where gamblers can come and bet online and book their games. I think currently the rate at which youths are going into gambling is increasing and down here in my environment, there are only few gambling outlets which are always filled up most times with people gambling.

[bitterguy28]

What I do observed now is the growing of working people around me and also for rent apartment here and there are coming because we are becoming more industrial and business area , than means many people are now having a little time in doing their personal things .

that comes me to the idea of  planning to have  a Laundry shop , because the demand of clothes cleaning is increasing day by day .

aside from that is Food business of course , the more people is the more eater .

I would prefer to run a gamble outlet like a bet shop where gamblers can come and bet online and book their games. I think currently the rate at which youths are going into gambling is increasing and down here in my environment, there are only few gambling outlets which are always filled up most times with people gambling.

isn't a need of high capital just to open this kind of business?

[DragonF]

Entrepreneurship is not easy to venture into, and as the years go by, business is more difficult to start and operate successfully. Currently, which business will you advise someone who is considering entrepreneurship to start?
To make the discussion more beneficial, can we please just add the continents or country we are in so we can know the beneficial businesses in these areas?

I am from Nigeria, and I already own a plantation, which is a very profitable business given the demand for plantain in my neighborhood, particularly among bole sellers and food vendors.

[bisdak40]

Before starting a business, conducting thorough research is essential. Begin by identifying the specific type of business you want to establish. This decision should be guided by your interests, skills, and market demand. Once you have a business idea in mind, dive deeper into understanding the needs and challenges faced by your community.

[LogitechMouse]

Re: What is the most beneficial business to start around you?

Currently, I'm living in a large area that's considered a remote area (10-15 KM away from the nearest market) since we've been surrounded by mountains and since we've been surrounded by mountains, internet connection coming from cell towers are almost non-existent because it's been blocked.

Luckily, we bought this ISP coming from Elon Musk (Starlink) where it only needs a clear sky to gain access to the internet. Now the good thing is that, we are able to let our neighbors access to the internet as well by letting them connect to our internet connection. Of course, they need to pay, but it's a minimal amount already. At least in this way, they are covering our monthly subscription + a little bit of profit that's going to our expenses.

Looking around in our community, there are many things that's still needed like a Gasoline Station, and a Water station that's both a necessity for every one.

[Findingnemo]

Entrepreneurship is not easy to venture into, and as the years go by, business is more difficult to start and operate successfully. Currently, which business will you advise someone who is considering entrepreneurship to start?
To make the discussion more beneficial, can we please just add the continents or country we are in so we can know the beneficial businesses in these areas?

Entrepreneur and Business are relatively different though.

Business is more easy and all it needs capital and basic knowledge so it could be anything from a shop to a supermarket or whatever but most likely you will just follow the path that's already proven successful idea.

While entrepreneur is something that involves innovation so it has high risk and also chances of becoming too big.

[bitterguy28]

Entrepreneur and Business are relatively different though.

even tho they are most of the time interchangeable some people do not realize that there are some differences being good in business and being good in entrepreneurship are two different things

a businessman would just be purely focused on making profits no matter what that means meanwhile an entrepreneur wants to actually make a difference and do something with their ideas sometimes an entrepreneur has a harder time to accept and make decisions for the success (measured in profit) of their company

[albon]

It wasn't until my childhood that i established myself as a successful entrepreneur. So i myself became known as a restaurant owner. I have a small business that has all kinds of food items to manage daily life. But business advice will not be 100% effective because not everyone preferred business will be the same. So first research which items are in high demand but low supply in your area. Then start the business of that thing, because if you can meet the needs of the customers then your business will run towards success very quickly.

[AndreasMccann]

I’m in a suburban area with a lot of young families, so something like a daycare or tutoring center could do really well. There’s always a demand for childcare and educational services, especially in growing communities.

[superman22]

It important to conducts a fast food shop since it would be highly beneficial to be started in the city. Much as the city’s food culture is diverse the fast foods restaurants business is a good venture due to the high demand in the market. According to the location and quality services that are provided, a constant flow of customers and even high profits may be expected.

[bitterguy28]

It important to conducts a fast food shop since it would be highly beneficial to be started in the city. Much as the city’s food culture is diverse the fast foods restaurants business is a good venture due to the high demand in the market. According to the location and quality services that are provided, a constant flow of customers and even high profits may be expected.

you still need to consider the cons and risks of this

first of all franchising a fast food restaurant is not cheap at all it requires initial investment that costs a LOT and if you do not have that much available then you can already give up on trying to franchise one second it relies too much on the brand and there’s no personalization you can’t control anything directly even if it is your business technically and third the reputation of the brand may be difficult to maintain considering many branches which could affect your branch of the brand

[electronicash]

i'm planing to have a food business as well. just a simple porridge, chicken soup and vegetable soup just planing to move around from school to school using a van where i would just pull out my stuff and set the kitchen stand with few tables and chairs.

just stop from one school where they kids are dismissed at 5PM, i'm sure they are hungry. and then in the morning before 8AM i'd travel to the IT building nearby, those employees come out for breakfast and i'd be there for them too.

[Chilwell]

What I do observed now is the growing of working people around me and also for rent apartment here and there are coming because we are becoming more industrial and business area , than means many people are now having a little time in doing their personal things .

that comes me to the idea of  planning to have  a Laundry shop , because the demand of clothes cleaning is increasing day by day .

aside from that is Food business of course , the more people is the more eater .

The business ideas you suggested are excellent. Investing in real estate, such as building an apartment for rent, can provide a steady source of income. This venture can be lucrative, allowing individuals to earn a comparable income to that of civil servants.

Selling food or foodstuffs, whether cooked or raw, is also a viable business idea. Food is an essential daily necessity, and people will always need to eat to sustain themselves.

Additionally, opening a laundry shop is a great idea, as people constantly need to wash their clothes. This business can provide a steady stream of income.

Overall, these business ideas have the potential to generate significant income and provide financial stability.